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The reserve bank's proposal to address banks and nonbanks that remain "too big to fail" does not include two of the largest such institutions: Fannie Mae and Freddie Mac.
April 9
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Retail banking chief Christian Sewing will become CEO immediately; higher deposit rates could trim lending margins as banks head into earnings season.
April 9 -
AI relies on catching the malware itself at a later stage, once it begins to operate in the system, and that's not enough to combat breaches and payment systems, according to Mordechai Guri, chief science officer at Morphisec.
April 9
Morphisec -
Small financial institutions are eager to see the Senate’s reform bill signed into law, but House efforts to amend the legislation risk stalling the effort.
April 6
America's Credit Unions -
Fintech companies such as WorldFirst, TransferWise, OFX, and WorldRemit give people more cost-effective means to make cross-border transfers, writes Jon Dela Cruz, a researcher for iCompareFX.com.
April 6
iCompareFX.com -
Small financial institutions are eager to see the Senate’s reform bill signed into law, but House efforts to amend the legislation risk stalling the effort.
April 6
America's Credit Unions -
Several states have created their own operations aimed at shoring up what they see as oversight holes created by the CFPB; JPMorgan CEO’s annual letter (47 pages, this one) runs the gamut.
April 6 -
Brand and access to capital can suffer if companies don't take proper care of data from payments and other online activities, according to David Thomas, CEO of Evident ID.
April 6
Evident -
Research and consumer surveys aren’t the only tools to help banks understand what they need to do. Friends of executives can provide honest feedback as regular customers.
April 5
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Cathy Bessant, chief operations and technology officer at Bank of America, shares her thoughts on how companies can prevent human foibles and biases from creeping into their software and the need to build an ethical framework for AI software development and use.
April 5


